Kennedy (6-6, 215) averaged 6.0 points and 3.5 rebounds in 29.5 minutes in two games last season as a rookie for the Cleveland Cavaliers. The 22-year-old Pittsburgh native also posted 15.7 points, 7.3 rebounds and 4.4 assists in 37.3 minutes in 44 appearances with the Erie Bayhawks of the NBA Development League.

Memphis originally acquired the St. John’s product from Cleveland for Jeremy Pargo, a 2013 second round draft pick and cash considerations on July 25, 2012.